The Office of the Superintendent of Financial Institutions (OSFI) recently released an updated draft of Guideline E-23 Model Risk Management (Draft Guideline) setting expectations related to ...

On October 24, 2023, the Federal Reserve (Fed), Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) issued the joint agency climate-related financial risk ...

With climate-related events increasingly impacting financial stability, central banks and regulatory bodies are working hard to integrate climate risk considerations into risk management and ...

In the years since the global financial crisis, financial institutions have made substantial investments to upgrade their risk management programs and comply with ever more stringent regulatory ...

What is the Digital Operational Resilience Act (DORA)? The Digital Operational Resilience Act (DORA) is designed to “consolidate and upgrade ICT [information and communications technology] risk ...

As the risks to global financial markets intensify and take on new forms, regulators are revising and strengthening their requirements to bolster stability and ensure effective risk management . From ...

The Cyprus Securities and Exchange Commission (CySEC) has issued new guidance aimed at strengthening how financial firms in Cyprus handle digital risks and technology-related disruptions.The circular ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Compliance with the amendments will be required from 31 January 2026. The ...

The National Institute of Standards and Technology recently published the final version of its latest Risk Management Framework, gifting companies across all sectors with a comprehensive new roadmap ...

The authors of the new Cyber Risk Management Program framework explain how it can set an organization up to better comply with SEC and other disclosure and reporting regulations. In a landmark ...